HDB said the construction of the neighbourhood centre was timed to be completed at about the same time as the four BTO precincts around it.
“Similar to other neighbourhood centres, the upcoming Plantation Plaza will be completed after some critical mass of residents has built up, to ensure business viability for retailers,” the agency said, adding that the majority of shops are expected to be operational from mid-2024.
“To support the businesses during their initial tenancy period while the residential catchment grows in Tengah, HDB will offer new shop tenants staggered rent discounts.”
In addition, work on a residents’ network centre and a preschool are expected to be completed in the second quarter of this year.
The preschool, to be operated by one of the Early Childhood Development Agency’s Anchor Operators, is projected to be operational in the fourth quarter, said HDB.
When fully developed, Tengah is estimated to provide about 42,000 new homes over a land area of 700ha – about the size of Bishan town.